Visa Chooses Open USD for its Stablecoin Platform | The Defiant

Visa launched a stablecoin platform built on Open USD, a consortium stablecoin positioned against Circle's USDC, giving it access to distribute stablecoin services to over 200 million merchants. The move signals Visa's shift from bridge between card networks and crypto to operating its own rails, and positions Open USD as the preferred settlement layer for merchant payments.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.